NEW YORK >> McDonald’s is taking cheeseburgers and chocolate milk off its Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar that kids consume at its restaurants.
Diners can still ask specifically for cheeseburgers or chocolate milk with the kid’s meal, but the fast-food company said not listing them will reduce how often they’re ordered. Since it removed soda from the Happy Meal menu four years ago, orders for it with Happy Meals have fallen 14 percent, the company said.
The Happy Meal, which has been around for nearly 40 years, has long been a target of health advocates and parents who link it to childhood obesity. McDonald’s has made many tweaks over the years, including cutting the size of its fries and adding fruit. Most recently it swapped out its apple juice for one that has less sugar. McDonald’s will make the changes, including new nutritional standards for the Happy Meal changes, by June in the United States.
30-year mortgage rate rises to 4.38%
Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 4.38 percent this week, up from 4.32 percent last week and the highest since April 2014. The rate on 15-year, fixed-rate loans rose to 3.84 percent from 3.77 percent last week.
Recent wage gains and rising prices are stoking concerns about inflation picking up, which has caused investors to seek higher interest rates. Mortgage rates are closely aligned with the yield on 10-year U.S. Treasury notes, which has climbed above 2.90 percent from 2.78 percent just two weeks ago.
ON THE MOVE
Hawaiian Properties has announced that Scott Fuchigami is the new general manager of Marina Hawaii Vacations. He has 35 years of hospitality industry experience, including 25 years as a general manager. Fuchigami’s previous employers include Outrigger Hotels and Resorts, Sheraton Hotels and Resorts, Hilton Grand Vacation Club and Aqua-Aston Hospitality, where he served in locations throughout Las Vegas and Hawaii.